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Financial SkepticAccentuating the caveat emptor with critical commentary concerning investor relations and financial communications. I look at how information is (mis)managed and manipulated thereby creating possible investors losses. |
Google Subverts XM Satellite Radio
Posted on 08/08/2006 00:00 AM | Link | Post Comment
Google (Nasdaq:GOOG) subverts XM Satellite Radio (Nasdaq:XMSR) with word ads to be placed on non music channels. Satellite Radio model supposedly was subscription driven and advertising free. Google has cash. XMSR bleeds cash. Google wants a foothold into music and entertainment delivery. Satellite Radio is the new way without legacy costs.
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